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| | | A former financial adviser is now banned for 10 years after she was found to have knowingly charged fees for no service. Kiriley Roper was a director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between ... |
| | | | ... Under new the legislation, ASIC is primarily responsible for the licensing regime, while the RBA will oversee the financial system stability and supervise CS facilities licensees to reduce systemic risks. "The RBA now has powers to step in and promptly ... |
| | | | ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ... |
| | | | ... million for some, will benefit from reduced or no mandatory medical requirements. There's also a new structured tiering system for Life, TPD, Trauma, Income Protection, and Business Expenses cover based on age and benefit amount, which ClearView ... |
| | | | ... was rated particularly high among superannuation trustees. Financial risks such as credit risk and market risk, financial system stability, and climate risk, received a critical and high-risk rating of 32%, 27%, and 21%, respectively. Additionally, 13% ... |
| | | | ... fiscal pressures, and demographic headwinds reshape the landscape. The conference noted that the Australian superannuation system allocated 15-20% to private markets, with real estate a core holding. It noted funds are investing in data centres, urban ... |
| | | | ... director Brendan Coates has slammed the government's superannuation tax concessions, reinforcing his view that the super system is no longer being used to fund retirements. "The concessions available through superannuation, they are very generous. [If ... |
| | | | ... for ordinary Australians, with today's 30-year-olds reaping the rewards of decades of progress in our world-class super system," Delahunty said. "... we can now say that the system foundations are cemented for young, working people to have a comfortable ... |
| | | | UniSuper has seeded a new fund from RQI Investors, First Sentier Investors' quantitative manager. The RQI Australian Diversified Alpha Long Short Fund has been introduced for institutional and select wholesale investors, receiving a $500 million seed ... |
| | | | ASIC has launched another inquiry into the ASX, this time focusing on its overall governance, capability, risk management frameworks and practices. The inquiry will be led by a panel that will make recommendations to address any identified shortcomings ... |
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